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What Can We Learn from Governments’ Compliance with Fiscal Rules?
(Germany: Latest Thinking), 11 mins
Fiscal rules constrain governments from running deficits or from accumulating too much debt. In this video, ECKHARD JANEBA considers how we can assess and understand compliance with fiscal rules and, therefore, their broader utility. Focusing on the German “Debt Break” fiscal rule that requires state governmen...
Open Access
(Germany: Latest Thinking), 11 mins
Description
Fiscal rules constrain governments from running deficits or from accumulating too much debt. In this video, ECKHARD JANEBA considers how we can assess and understand compliance with fiscal rules and, therefore, their broader utility. Focusing on the German “Debt Break” fiscal rule that requires state governments to run balanced budgets from 2020 onwards, Janeba conducted two waves of surveys with relevant policymakers. Providing particular in...
Fiscal rules constrain governments from running deficits or from accumulating too much debt. In this video, ECKHARD JANEBA considers how we can assess and understand compliance with fiscal rules and, therefore, their broader utility. Focusing on the German “Debt Break” fiscal rule that requires state governments to run balanced budgets from 2020 onwards, Janeba conducted two waves of surveys with relevant policymakers. Providing particular insight into prospects for compliance with this fiscal rule, the work also identifies important attitudinal differences between different groups of policymakers. With fiscal rules becoming more common worldwide, the research helps us to understand how their design might be optimized.
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Field of Study
Business & Economics
Content Type
Instructional material
Publisher
Latest Thinking
Speaker / Narrator
Eckhard Janeba, fl. 1994
Person Discussed
Eckhard Janeba, fl. 1994
Topic / Theme
Economic conditions, Government budget, Fiscal policy
Copyright Message
Copyright © 2018 Latest Thinking
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